A Time Cycle Oscillator – Published on IFTA Journal 2018 by Akram El Sherbini (pages 78-80)
(http://www.ftaa.org.hk/Files/2018130101754DGQ1JB2OUG.pdf)

Bullish signals are generated when SHI crosses over 0
Bearish signals are generated when SHI crosses under 0

DEFPARAM CalculateOnLastBars = 1000
//EmaPeriods = 14                                         //Number of Periods of the EMA
EmaPeriods = max(2,min(999,EmaPeriods))                   //range 2-999
Cy         = close[1]
Vt         = close - Cy
Vy         = Vt[1]
Att        = Vt - Vy
Ema        = average[EmaPeriods,1](Att)
Tt         = sqrt(abs(Vt/Ema))
Ti         = ((close > Cy) * Tt) OR (((close <= Cy) * Tt) * -1)
Shi        = average[EmaPeriods,1](Ti)
RETURN Shi AS "Shi",0 AS "0"

Download

Filename: SHI-Simple-Harmonic-Index.itf

Downloads: 147

Download

Filename: SHI-Simple-Harmonic-Index.txt

Downloads: 48

robertogozzi Master

Roberto https://www.ots-onlinetradingsoftware.com

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